by Ethan Faverino | Jan 28, 2026 | Economy, News
By Ethan Faverino |
Arizona State Representative Chris Lopez (R-LD16) introduced House Bill 2826, which would exempt materials such as concrete, used in the improvement and maintenance of agricultural irrigation canals, from Arizona’s transaction privilege tax on prime contracting.
The “No Tax on Concrete” bill aims to reduce costs for farmers, strengthen water conservation efforts, support food affordability, and boost irrigation efficiency by conserving water resources critical to Arizona’s agricultural sector as the state faces ongoing water security challenges.
Specifically, HB 2826 would establish a targeted exemption under the prime contracting classification in ARS § 42-5075 for materials and supplies used to improve and maintain ditches, irrigation lines, and canals on agricultural lands.
Concrete-lined canals offer significant benefits over traditional unlined earthen canals. Unlined systems can lose 30%-50% or more of conveyed water volume to seepage into permeable soils.
By contrast, concrete lining reduces these losses dramatically, increases flow velocity, minimizes erosion and weed growth, and lowers long-term maintenance needs. Such projects can save thousands of acre-feet of water annually, providing a highly cost-effective approach to water conservation.
Projects funded by the Water Infrastructure Finance Authority of Arizona (WIFA) and awarded to irrigation districts—Buckeye Water Conservation & Drainage District, San Carlos Irrigation & Drainage District, and Roosevelt Irrigation District—are anticipated to conserve between 135,000 and 368,864 acre-feet over their lifetimes, at only an estimated cost of $2 to $3 per acre-foot.
“The House Republican Majority Plan is focused on affordability, and that starts with food on the table and the cost of water to produce that food,” stated Rep. Lopez. “Converting dirt canals to concrete-lined canals saves thousands of gallons of water, which reduces pumping costs, energy, and other expenses that go into the price of food. Eliminating the tax on concrete and other contracting costs to convert these canals to concrete lining not only helps to reduce the costs even further but also helps to conserve water at a time when water conservation has never been more critical for our state.”
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
by Matthew Holloway | Jan 27, 2026 | Economy, News
By Matthew Holloway |
Arizona State Representative Chris Lopez (R-LD16) is leading legislation to establish a Commercial Property Assessed Capital Expenditure (C-PACE) program in Arizona, aiming to expand private investment, modernize infrastructure, and support economic growth in Pinal County and across the state.
The legislation, House Bill 2824, would authorize local governments to offer C-PACE financing for commercial and industrial properties. The market-driven tool allows property owners to access low-cost, long-term private capital for projects that improve energy efficiency, conserve water, enhance resiliency, and fund infrastructure upgrades.
According to HB 2824, the “C-PACE Program” in Arizona would be defined as “a special assessment program that provides commercial property assessed capital expenditure financing for eligible improvements” that local governments may establish through voluntary special assessment agreements with property owners.
Eligible projects under the proposed program include investments in energy systems, water and wastewater infrastructure, building retrofits, manufacturing facilities, agricultural processing, and logistics development, all sectors central to rapid economic growth.
“Pinal County is one of the fastest-growing regions in Arizona, and we need smart, market-driven tools to help our communities keep pace,” Lopez said. “C-PACE unlocks private capital for major commercial and industrial projects without raising taxes or creating new government debt.”
Unlike traditional public financing, which leans heavily on incurring public debt, C-PACE financing relies entirely on private investment. Participation in the program would allow property owners to repay the financing through a special assessment tied to the property, a structure which advocates say provides long-term certainty for lenders and developers while shielding taxpayers.
Similar Commercial Property Assessed Capital Expenditure (C-PACE) frameworks have already been authorized in other states, including North Carolina, Idaho, and Arkansas. Arizona would join over 40 states that have authorized C-PACE, according to the release from Lopez, “helping unlock billions of dollars in private investment nationwide.”
“As Pinal County continues to attract major employers and advanced manufacturing facilities, we must ensure our communities have the infrastructure to support that growth,” Rep. Lopez added. “This legislation gives cities and counties another tool to compete, attract investment, and build for the future.”
Matthew Holloway is a senior reporter for AZ Free News. Follow him on X for his latest stories, or email tips to Matthew@azfreenews.com.
by Ethan Faverino | Jan 23, 2026 | Economy, News
By Ethan Faverino |
Arizona State Representative Leo Biasiucci (R-LD30) has introduced House Bill 2839, bipartisan legislation that would prohibit cities and towns across Arizona from imposing transaction privilege taxes or similar local taxes on food items that are eligible for purchase with benefits from the Supplemental Nutrition Assistance Program (SNAP) and the Special Nutrition Program for Women, Infants, and Children (WIC).
“In her State of the State address, Governor Hobbs said she wants to lower taxes for hardworking Arizona families,” stated Rep. Biasiucci. “I’m taking her at her word and answering that call by introducing HB 2839. This bill removes local taxes from the one thing every family needs to survive—food.”
HB 2839 amends ARS Section 42-6015 to clarify that municipalities may not levy transaction privilege, sales, use, franchise, or other similar taxes on SNAP and WIC-eligible food items, regardless of whether the purchaser participates in those programs.
These federal programs cover basic, essential foods such as fruits, vegetables, meats, dairy, breads, and other necessities for “home consumption.” Taxing these items increases costs for families already facing tight budgets, and the bill aims to provide tax relief by extending the exemption uniformly.
“Taxing SNAP and WIC food purchases is wrong. These are necessities, not luxuries,” added Biasiucci. “If the Governor is serious about lowering taxes, this bill should be an easy yes. If she vetoes it, that will speak volumes. Arizonans will know exactly where she really stands when she talks about tax relief for families.”
The legislation would apply retroactively to taxable periods beginning on or after the first day of the month following the general effective date, ensuring swift relief if enacted. Supporters highlight that approximately 70 Arizona municipalities currently impose some form of tax on food, and this measure could help families save hundreds of dollars annually on groceries.
Representative Biasiucci is joined by a bipartisan group of co-sponsors, including four Democratic representatives, fifteen Republican representatives, and one Democratic senator.
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
by Staff Reporter | Jan 20, 2026 | Economy, News
By Staff Reporter |
The Republican faction of Congress’ Joint Economic Committee (JEC) reported inflation as “hold[ing] steady” in its monthly update released last week.
JEC Republicans reported in a press release accompanying the update that the Consumer Price Index (CPI) “remained relatively steady” at just under 2.7 percent year over year in December.
The coalition stated that November’s end CPI (2.74 percent) represented “the biggest [inflation] drop” since March 2025.
Food and energy prices went up by half a percent to almost three percent from 2024 to 2025, respectively; the latter by far outpacing the former.
Food price inflation hit 3.07 percent, up .56 percent year over year. Energy price inflation hit 2.30 percent, up by 2.82 percent year over year.
These price increases were felt differently based on region. Those in the Northeast were hit hardest by inflation (3.3 percent), then the West (2.9 percent), and then the Midwest (2.7 percent). The South felt it the least of all the regions, with inflation hitting 2.2 percent.
Income year over year overall saw increases: an increase in 1.07 percent for all employees and a .57 percent increase in weekly earnings. There was a “virtually unchanged” decline in hourly earnings of .01 percent.
President Donald Trump broke down this latest report as part of his address on the state of the economy in Detroit last Tuesday.
Trump said the U.S. has experienced “the greatest year in history” in terms of its finances.
“Under our administration, growth is exploding, productivity is soaring, investment is booming, incomes are rising, inflation is defeated. America is respected again like never before,” said Trump. “There’s never been numbers like this.”
Trump said the stagflation (low growth, high inflation) that took place under his predecessor, Joe Biden, was “a disaster” for the country. Trump claimed the current economy has “the highest growth” it’s ever had.
“The Trump economic boom has officially begun,” said Trump.
The president said he would work with Venezuela on oil, and aims to reduce gas prices beyond its current six-year low.
Trump called Federal Reserve Chairman Jerome Powell “a real stiff.” He expressed a desire to have a high-performing market matched with lower interest rates, not higher — he said the former arrangement was the norm years ago.
“Our growth potential is unlimited and could be much higher if we went back to sanity,” said Trump. “We announce good numbers and we see the stock market drop. And I say ‘What the hell is going on?’”
Trump said he secured commitments for over $18 trillion in new investments into the country, compared to Biden’s under $1 trillion secured in four years.
A White House press release following Trump’s remarks maintained that the latest inflation report came in below economists’ expectations. Their statement compared Trump’s core inflation (2.4 percent) as “much lower” than former President Joe Biden’s 3.3 percent annual rate.
Their summary also emphasized that wages are “rising” on track to four percent: an estimated $1,100 real wage gain among private sector workers, and $1,300 real annual earnings gain among goods-producing workers.
AZ Free News is your #1 source for Arizona news and politics. You can send us news tips using this link.
by Matthew Holloway | Jan 19, 2026 | Economy, News
By Matthew Holloway |
Arizona House Majority Whip Julie Willoughby (R-LD13) has introduced legislation to temporarily suspend the state gasoline tax in Maricopa and Pinal counties during the summer months, citing higher fuel costs tied to air-quality regulations.
According to a release from the Arizona House Republican Caucus, Willoughby’s House Bill 2400 would suspend the state’s 18-cent-per-gallon gas tax on the special Cleaner Burning Gasoline blend required in Maricopa and Pinal counties from May through September.
“Because of federal requirements, families in Maricopa and Pinal counties are forced to pay more at the pump than the rest of Arizona,” Willoughby said in a statement. “During the summer, these counties can only sell Cleaner Burning Gasoline—a boutique fuel blend refined in limited quantities, primarily in California. That limited supply drives up costs, and Arizona drivers pay the price.”
“In 2023, Phoenix drivers paid higher gas prices than Los Angeles,” she continued. “As California refineries shut down, supply constraints will increase—pushing prices higher at a time when families are struggling with rising costs. Arizona now ranks as the sixth most expensive state in the nation for gas.”
Because of the added production and transportation costs, drivers in Maricopa and Pinal counties often pay more for gasoline than motorists elsewhere in Arizona, according to the House GOP. The release cited comparisons showing Phoenix-area gas prices exceeding those in Los Angeles during parts of 2023.
Willoughby said lawmakers have previously worked with federal officials to explore lower-cost fuel alternatives, but federal environmental requirements have limited available options. Her proposal includes a provision to backfill lost revenue to the Highway User Revenue Fund, which supports transportation infrastructure and is shared by state and local governments.
“Republicans are focused on affordability,” Willoughby said. “Our Majority Plan is about upholding the American Dream and making sure the cost of living doesn’t keep climbing out of reach for working families.”
In addition to the state tax suspension, Willoughby is advancing House Concurrent Memorial 2008, which urges Congress to suspend the federal gas tax on Cleaner Burning Gasoline during the same May-to-September period.
Matthew Holloway is a senior reporter for AZ Free News. Follow him on X for his latest stories, or email tips to Matthew@azfreenews.com.
by Ethan Faverino | Jan 19, 2026 | Economy, News
By Ethan Faverino |
U.S. retail sales experienced healthy growth in December 2025, aligning holiday season results closely with its forecast for record consumer spending, according to the National Retail Federation (NRF).
“December Retail Monitor data saw a sharp surge in growth as consumers continued prioritizing holiday spending on family and friends,” said NRF President and CEO Matthew Shay. “Continued economic momentum helped land 2025 holiday sales near the top of NRF’s forecast, reaffirming that consumers remain on solid footing.”
The Retail Monitor, which draws from actual, anonymized credit and debit card transaction data, showed that holiday sales from November 1 through December 31, 2025, increased 4.1% year-over-year.
This performance fell within NRF’s pre-season forecast range of 3.7% – 4.2% growth over the same period in 2024, which projected total holiday spending surpassing $1 trillion for the first time. Official December figures from the U.S. Census Bureau have not yet been released.
Key December highlights include:
- Total retail sales (excluding car dealers and gas stations) rose 1.26% month over month on a seasonally adjusted basis and 3.54% year over year, unadjusted. This marked a significant increase from November’s 0.12% monthly gain and 4.53% annual gain.
- Core retail sales (excluding car dealers, gas stations, and restaurants) climbed 1.6% month over month and 3.58% year over year, compared to a slight 0.04% monthly decline and 4.66% annual increase in November.
A calendar shift contributed to December’s strong performance, as a late Thanksgiving pushed Cyber Monday to December 1, adding an extra high-volume shopping day to the month’s totals.
The full year’s impact was notable, with total 2025 retail sales up 4.93% over 2024 and core sales rising 5.08%.
December sales increased in six out of the nine tracked categories on a year-over-year basis, with strong performances in:
- Clothing and accessories stores: +6.11% year-over-year, +2.05% month-over-month
- Sporting goods, hobby, music, and book stores: +5.16% year-over-year, +3.52% month-over-month
- Digital products: +3.6% year-over-year, +0.98% month-over-month
- General merchandise stores: +3.42% year-over-year, +2.9% month-over-month
- Grocery and beverage stores: +2.85% year-over-year, +0.33% month-over-month
- Health and personal care stores: +2.5% year-over-year, +1.92% month-over-month
Categories showing year-over-year declines included electronics and appliance stores (-0.09%), furniture and home furnishings stores (-0.82%), and building and garden supply stores (-5.3%), though all posted positive monthly gains.
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
